CHINA WILL NOT SET TARGET TO DOUBLE GDP FROM 2021

HOWEVER, THIS WEEK'S CONGRESS DID NOT INCLUDE ANY PUBLIC ANNOUNCEMENTS ABOUT NEW ECONOMIC GROWTH TARGETS.

THE MAIN CONTRADICTION OF OUR SOCIETY HAS CHANGED AND OUR COUNTRY'S ECONOMIC DEVELOPMENT HAS BEEN SHIFTED TO HIGH-QUALITY GROWTH FROM HIGH-SPEED GROWTH, YANG SAID.

However, this week's congress did not include any public announcements about new economic growth targets.

Some analysts believe the government will continue to set annual growth targets through to 2020.

Xi set bold long-term goals for China's development, envisioning it as a modern socialist country by 2035, and a modern socialist "strong power" with leading influence on the world stage by 2050.

BEIJING (Reuters) - China will not set a target to double gross domestic product (GDP) from 2021, a senior Communist Party official said on Thursday, as top leaders look to high-quality growth in the long term.
Yang Weimin,...

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